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NGSE Index Climbs Higher On Positioning, Year-end Window Dressing

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  Market Update for December 29 Equity prices on the Nigerian Stock Exchange (NSE) climbed higher when trading closed on Tuesday after the Christmas holidays declared by the Federal Government on Friday and Monday, erasing the marginal loss of the previous session on a very high traded volume, amidst positive sentiments. Low priced stocks led price gains, just as more banking stocks joined the ongoing Santa Claus rally ahead of quarter and year-end window dressing activities, especially by institutional investors. Despite, the mixed and volatile session, the benchmark NSE All-Share index (NSEASI) made a new 52-weekhigh, breaking out the 39,000 psychological line on buying interests in industrial, banking and consumer goods stocks. This supported the index regardless of the seeming profit taking in stocks that rallied recently in the insurance, oil/gas and other sectors. As mentioned in our previous update, market reversal and uptrend are possible in the face of the 2020 year-end expect

Sentiment Report for December 29, 2020

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  NSEASI buy 93% sell 7% volume index 1.67 MFI 70.58 Abc buy 0% volume index 2.88 MFI 58.07 Access buy 💯 volume index 1.39 MFI 66.09 Afrprud buy 💯 volume index 1.43 MFI 34.41 Aiico buy 💯 volume index 17.04 MFI 14.39 Bua buy 💯 volume index 1.44 MFI 100.00 Cap buy 0% volume index 1.23 MFI 51.32 Chams buy 0% MFI 39.84 Corner buy 💯 volume index 0.99 MFI 64.17 Courtville buy 💯 volume index 7.24 MFI 56.03 Cutix buy 💯 volume index 1.35 MFI 73.98 Dangsugar buy 33% sell 67% MFI 74.42 Eterna buy 💯 volume index 2.84 MFI 65.49 Eti buy 75% sell 25% MFI 56.31 Fbnh buy 33% sell 67% volume index 1.21 MFI 52.33 Fcmb buy 💯 volume index 0.96 MFI 80.85 Fidelity buy 💯 MFI 31.60 GT buy 0% MFI 22.67 Honyflour buy 92% sell 8% volume index 1.69 MFI 81.34 Lasaco buy 💯 volume index 5.35 MFI 75.50 Learn buy 💯 volume index 4.67 MFI 21.77 Linkass buy 0% volume index 2.37 MFI 48.61 Mansard buy 0% volume index 2.23 MFI 88.36 Npf buy 0% volume index 3.03 MFI 46.76 Oando buy 0% volume index 16.10 MFI 97.57

BUY AND SELL SIGNAL

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 Hello Investors,  The, buy & sell signal for this week have been posted on the membership site for you. Pls, click on the long link for this week's download. I have added a further twist to it. This includes. 1. Low Priced Stocks to Watch 2. Stocks to lead recovery 3. Defensive Stocks 4. Dividend Stocks with Strong Yields and Fundamentals 5. Stocks to Benefit from Corona Virus-Induced Economic downturn and government Intervention 20  Stocks building new bullish base However, you need to login on the membership site before you can have access to it.  Kindly click on the below link now to login with your username and password   http://investdataonline.com/buy-sell-signal/ However, if you have not joined the buying and selling signal membership, kindly indicate your interest so that one of our team members will call you immediately on how to get started immediately To Your Success  Investdata Consulting.  P.S. You need to act fast. You know time to wait for no one

Expect Reversal Amidst Cautious Trading, Buying Interests In High Cap Stocks

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Market Update for December 24 Thursday’s transactions closed flat and mixed on the Nigerian Stocks Exchange (NSE), ahead of the Christmas holiday as some traders cashed out profit while others wait for the year-end window dressing and portfolio rebalancing ahead of 2021. Consequently, the market halted nine consecutive sessions of bull-run on a less-than-average traded volume, but on a positive breadth. Putting it mildly, 2020 has been truly a mixed and challenging year for many market players. For investors, its been a tale of two markets, but those who have been able to stick to their investment plan, while following investdata’s buy and sell signal and ignoring market volatility, have fared well. Despite the prevailing economic situation, we are profiting and living through as players. We should all count our blessings and proceed to reposition our portfolios, staying with the 10 Golden Stocks for 2021. Despite the slowdown, market breadth remains positive and intact into the season

NGSE Uptrend May Linger Ahead Of Year-end Window Dressing By Fund Managers

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  Market Update for the Week Ended December 24 and Outlook for Dec 29-31 Nigeria’s stock market sustained its bullish run last week as the seeming Santa Claus rally continued ahead of the New Year holiday, despite profit taking in the last trading session amidst the wait for year-end window dressing and portfolio reshuffling. The benchmark All-Share index broke out psychological lines between 37,000 and 38,000, as well as the 37, 856.12 – 38,669.20 basis points resistance lines on high buying pressure, driven by high cap stocks, which together control 70% of the market capitalization. There was also positive sentiment for dividend paying stocks with attractive valuations, amidst the repositioning and year-end window dressing among investors. The year-to-date gains on the Nigerian Stock Exchange (NSE) notwithstanding, Investdata believes the market still has some inherent value, for those investors who know where to look. We note that during the outgoing year, analysts and investors hav

Sentiment Report for the week ended December 24, 2020

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  NSEASI buy 96% sell 4% volume index 1.10 MFI 85.50 Access buy 💯 MFI 71.01 Afrprud buy 💯 MFI 67.98 Aiico buy 57% sell 43% volume index 2.61 MFI 98.70 Airtel buy 💯 volume index 5.35 MFI 100.00 Chams buy 💯 volume index 0.99 MFI 50.25 Eterna buy 70% sell 30% MFI 88.00 Eti buy 83% sell 17% MFI 66.63 Fbnh buy 80% sell 20% MFI 67.83 Fcmb buy 💯 MFI 65.08 Fidelity buy 29% sell 71% MFI 69.94 Fmn buy 87%sell 13% volume index 6.64 MFI 88.83 Glaxo buy 0% MFI 59.62 GT buy 0% volume index 1.04 MFI 60.42 Honyflour buy 💯 volume index 0.90 MFI 70.99 Jaiz buy 0% MFI 8.22 Lasaco buy 💯 volume index 2.17 MFI 76.51 Lvstk buy 💯 volume index 1.01 MFI 39.88 Mansard buy 67% sell 33% volume index 13.72 MFI 26.47 M&B buy 0% MFI 60.34 Mben buy 50% sell 50% MFI 83.05 Mtnn buy 17% sell 83% volume index 1.58 MFI 90.44 Neimeth buy 0% MFI 60.24 Oando buy 99% sell 1% volume index 1.33 MFI 63.90 Pz buy 0% volume index 1.15 MFI 66.61 Red buy 79% sell 21% MFI 46.08 Regalins buy 50% sell 50% MFI 3.81 Royalex bu

Blue-chip Gains Lift NGSE Indicators, As Investors Worth Soars 51% YTD

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Market Update for December 23 Equity prices opened modestly high on the Nigerian Stock Exchange (NSE) at the midweek, reflecting the continued indecision among market players as sentiments for low priced stocks waxed strong into h late afternoon. This was before the last minutes rally by Airtel Africa and BUA Cement on high demand that pushed the benchmark All-Share index up for the eighth successive session on huge traded volume and positive sentiments. The positive sentiment and buying interests in stocks across board propelled the index action to break out the major resistance levels of 38,000 basis points mark and 38,669.23bps, just as market capitalization crossed the N20tr mark for the first time in the history of the nation equity market, signaling some form of economic recovery. The market rally continues to accelerate recently into the seasonal trend expectation even as additional stocks supported the Santa Claus rally, with the index trading above all the moving averages on t